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20121202
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in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path that the u.s. is certainly on if we don't change that dynamic. >> paul: kim, is there any recognition about this in washington or is it all -- i mean, do you hear any of this discussion or do they really believe, certainly, the white house and the treasury, that tax rates like this don't matter, at that ultimately-- >> no, they do to a degree. if you talk to the officials iran up, come on, so we're going to raise the rates, what is fascinating to put it in the bigger context of the debate about tax revenue, the economists have the static view, you've got x-amounts of capital gains income and you get 20% more tax revenue. >> you don't, because people decide to shelter it. they do their transactions the year before, when the amount is less. and so, all of these numbers that the white house is counting on and sort of rubbing its hands together hoping to get. they're not going to get an
the information back. it is a little inefficient but it makes for a much happier work environment. >> how many hours are there in a mars day? >> 24 hours and 40 minutes. >> bill: so then you have to calculate that. >> what happens is your day starts 40 minutes later and it gets weird when it gets like 2:00 in the morning. >> bill: all right now we want to talk about mars. first, i have to ask you about the earlier in the week, maybe it was last week, i guess announcement dr. begel about finding ice on the polar caps of mercury. i don't get this. this is the hottest of the planets, is it not? and why do they have ice and why is our ice melting? is there something wrong with this picture? >> no, it's not. it is also one of the coldest planets because one side is almost always toward the sun. one side is always in space. you've got this dichotomy of a really hot surface and a really cold surface. >> bill: it doesn't rotate? >> it rotates about once every 90 days so one side is able to cool off very quickly because it is radi
Search Results 0 to 2 of about 3 (some duplicates have been removed)